Material costs more than doubled to $96.50 million due to a more than proportionate increase in material costs as compared to the increase in revenue in the respective periods was mainly due to the change in product mix.
SINGAPORE (Feb 28): Jeweller Soo Kee Group reported a 49.5% rise in 4Q earnings to $4.6 million to $3 million a year ago.
Revenue for 4Q17 doubled to $114.2 million from $54.7 million lifted by higher sales from its subsidiary, SK Bullion of $60.98 million respectively.
